ZENSARTECH | | | 755.25 11.75 1.53% |
Zensar Technologies financial indicator trend analysis is more than just analyzing Zensar Technologies current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zensar Technologies is a good investment. Please check the relationship between Zensar Technologies Cash And Short Term Investments and its Total Assets accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zensar Technologies Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
Cash And Short Term Investments vs Total Assets
Cash And Short Term Investments vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Zensar Technologies Cash And Short Term Investments account and
Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Zensar Technologies' Cash And Short Term Investments and Total Assets is 0.94. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Total Assets in the same time period over historical financial statements of Zensar Technologies Limited, assuming nothing else is changed. The correlation between historical values of Zensar Technologies' Cash And Short Term Investments and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Zensar Technologies Limited are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Cash And Short Term Investments i.e., Zensar Technologies' Cash And Short Term Investments and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.94 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Zensar Technologies balance sheet. This account contains Zensar Technologies investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Zensar Technologies Limited fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Total Assets
Total assets refers to the total amount of Zensar Technologies assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Zensar Technologies books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Zensar Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zensar Technologies current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zensar Technologies Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
Selling General Administrative is likely to drop to about 167.2
M in 2024.
Tax Provision is likely to drop to about 1.4
B in 2024
Zensar Technologies fundamental ratios Correlations
Click cells to compare fundamentals
Zensar Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Zensar Technologies fundamental ratios Accounts
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Additional Tools for Zensar Stock Analysis
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measure Zensar Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Zensar Technologies is operating at the current time. Most of Zensar Technologies' value examination focuses on studying past and present price action to
predict the probability of Zensar Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zensar Technologies' price. Additionally, you may evaluate how the addition of Zensar Technologies to your portfolios can decrease your overall portfolio volatility.